This book presents the reader a comprehensive understanding of the development of family business in transitional economies. Throughout eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. Expert contributions in this book draw from a wealth of information in this context and include thought-provoking policy prescriptions for the future. This book concentrates on the challenges to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. This reference volume for policymakers, educators, investors, and researchers also provides a much-needed and timely survey of family firms in the transitioning markets of post-Communist Europe.

Introduction.- Introductory Issues: Context and Uniqueness of Family Businesses.- Content and Uniqueness of Transition Economies.- Different Features of Transition Economies - Institutions Matter.- Management, Succession and Financial Issues: To Be or Not to Be in a Family Business: The Case of Eight Countries in South-Eastern European Region.- Management in Practices in Bulgarian Family and Non-Family SMEs: Exploring  "Real" Differences.- Obstacles and Opportunities for Development of Family Businesses: Experiences from Moldova.- Successors' Innovativeness as a Crucial Succession Challenge of Family Businesses in Transition Economies: The Case of Slovenia.- Family Business Succession Risks: The Croatian Context.- The Succession Issues in Family Firms: Insights from Macedonia.- Attributes of Financial Management of Family Companies in the Czech Republic and Slovakia.- Ownership Structure, Cash Constraints and Investment Behaviour in Russian Family Firms.- Internationalization and Other Issues: Family Businesses Motives for Internationalisation: Evidence from Serbia.- Entering in New Markets: Strategies for Internationalization of Family Business.- Family Business in Sport Organizations: Western Experiences as Lessons for Transitional Economies.- Family Businesses in the Trade Sector: An Examination of a Case Study from Kosovo.